The 2012 China New Wealth 500 Rich List released by the “New Fortune†magazine revealed recently that a total of 42 petrochemical industry leaders have been listed in the New Fortune 500 Rich List. The number of shortlisted people is second only to the real estate industry.
It is understood that the per capita wealth of the listed rich people in 2012 and the top threshold were 6.21 billion yuan and 2.17 billion yuan respectively. In terms of wealth, the number of rich people with more than 10 billion yuan in net worth has 68 this year, and the petrochemical industry also has 4 short-listed.
The four billion petrochemical rich people are: Li Shuirong of Zhejiang Rongsheng Holding Co., Ltd., engaged in chemical fiber manufacturing, with personal wealth of 17.97 billion yuan, becoming the richest man in the petrochemical industry and ranking 20th among the 500 richest people; Chen Jianhua of Lili Group, engaged in the chemical fiber manufacturing industry, has an individual wealth of 16 billion yuan, ranking 26th in the Fortune 500 list. Qiu Jianlin of Zhejiang Hengyi Group is engaged in the polyester spinning industry and has an individual wealth of 14.3 billion yuan. Ranked 35th in the 500 Rich List; Wang Yusuo of Hebei Xinao Group engaged in chemical and gas supply industries, with personal wealth of 13 billion yuan, ranking 44th in the 500 Rich List.
According to reports, the total wealth of the 500 rich people on the list reached 3106.5 billion yuan, equivalent to 6.6% of China's total GDP in 2011, while in 2002 it accounted for only 2.5% of China's GDP, an increase of 1.64 times in ten years. This fully shows that China’s private enthusiasm for wealth creation has increased, and the development momentum of private enterprises is strong.
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